Pros and Cons of Living In Milford, Massachusetts. Is Milford, MA a Nice Place To Live or Retire?

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Milford, Massachusetts

Moving to Milford In Massachusetts ? Is Milford, MA a Nice Place To Live? Pros and Cons of Living in Milford, Massachusetts. Find out the best and worst about to live, raise a family or retire in Milford.

Milford is a town in Worcester County, Massachusetts, United States. The population was 30,379 according to the 2020 census. First settled in 1662 and incorporated in 1780, Milford became a booming industrial and quarrying community in the 19th century due to its unique location which includes the nearby source of the Charles River, the Mill River, the Blackstone River watershed, and large quantities of Milford pink granite.

DEMOGRAPHICS

Population
26072
Unemployment
4.5%
4% NAT AVG.
Poverty
10.1%
28% NAT AVG.
Cost Of Living
125
25% NAT AVG.

ECONOMICS

Median Home Cost
$324300
41% NAT AVG.
Median Income
$83233
23% NAT AVG.
Median Rent
$1286
11% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
213
69% NAT. AVG.
46% STATE AVG.
Violent Crime
41
64% NAT. AVG.
54% STATE AVG.
Property Crime
172
70% NAT. AVG.
44% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 22
People Earning < $10,000
1 in 30
People Earning < $50,000
30.8%
People With Any Degree
1 in 2.3

ETHNICITY

Ethnicity Milford USA
White 72.1% 60.1%
African American 3% 12.2%
American Indian 0.1% 0.6%
Asian 2.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.4% 2.8%
Hispanic 14.4% 18.2%
Other 5.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Milford USA
Less than $10,000 3.3% 5.8%
$10,000 to $14,999 3.1% 4.1%
$15,000 to $24,999 7.2% 8.5%
$25,000 to $34,999 6.9% 8.6%
$35,000 to $49,999 10.3% 12.0%
$50,000 to $74,999 13.9% 17.2%
$75,000 to $99,999 17.8% 12.8%
$100,000 to $149,999 20.7% 15.6%
$150,000 to $199,999 10.2% 7.1%

EDUCATION

Education Milford USA
< 9th Grade 5% 5.0%
9-12th Grade 7% 7.0%
High School or GED 29% 27.0%
Other College 16% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 21% 20.0%
Master's Degree 10% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Milford is a city in Massachusetts state in USA with a population of 26072 residents.. The poverty rate of Milford is 10.1%, which is 28% lower than national average. The typical household in Milford earns $83233 a year, compared to the national median of $67,500. Nearly 30.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Milford remained 4.5%, which is 4% lower than national rate.

Cost of living in Milford is 125, which is 25% higher than national average. In Milford, only 33% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Milford is $324300 , which is 41% higher than national average. While median income in Milford remained $83233, which is 23% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Milford Scorecard

Jobs80%

Housing85%

Affordability60%

Safety85%

Amenities90%

Diversity85%

Education80%

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